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Unintended innovation effects of environmental regulations : Evidence from pollution reduction mandates over China’s Five-Year Plans

Gao, Yanyan; Zheng, Jianghuai - 2021

This paper uses a unique large-size data set from China's most developed areas to examine the innovation impacts of … that while air pollution regulation (APR) has some but limited innovation-motivating effects, water pollution regulation … (WPR) hinders firm innovation. Heterogeneity effect analysis reveals that the different innovation effects are because WPR …

Persistent link: https://www.econbiz.de/10014087494

Pricing pollution

Mideksa, Torben K. - 2020

I examine a policy-making game among countries that must choose both a policy instrument (e.g., a tax or a quota) and its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non-cooperatively, they not only set the intensity inefficiently, they...

Persistent link: https://www.econbiz.de/10012213052

Pricing pollution in a non-cooperative world

Mideksa, Torben - In: Journal of public economics plus 3 (2022), pp. 1-9

Persistent link: https://www.econbiz.de/10013486051

Supply Side Climate Policy and the Green Paradox

Hoel, Michael - 2013

The focus of the green paradox literature has been either on demand-side climate policies or on effects of technological changes. The present paper addresses the question of whether there also might be some kind of green paradox related to supply-side policies, i.e. policies that per-manently...

Persistent link: https://www.econbiz.de/10013086981

Climate transition risks and the energy sector

Acharya, Viral V.; Giglio, Stefano; Pastore, Stefano; … - 2025

We build a general equilibrium model to study how climate transition risks affect energy prices and the valuations of different firms in the energy sector. We consider two types of fossil fuel firms: incumbents that have developed oil reserves they can extract today or tomorrow, and new entrants...

Persistent link: https://www.econbiz.de/10015191589

Is Emission Intensity or Output U-Shaped in the Strictness of Environmental Policy?

Dijkstra, Bouwe R. - 2014

In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever …

Persistent link: https://www.econbiz.de/10013051606

Investments in environmental quality under limited attention

Schmitt, Stefanie Y. - 2025

Consumers increasingly care about the environmental quality of the goods they consume. However, limited attention impairs consumers' ability to compare and evaluate the environmental quality of goods. I show that investments in environmental quality, consumer surplus, producer surplus, and...

Persistent link: https://www.econbiz.de/10015325368

The SO2 allowance trading system and the clean air act amendments of 1990 : reflections on twenty years of policy innovation

Chan, Gabriel; Stavins, Robert N.; Stowe, Robert; … - 2012

The introduction of the U.S. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of 1990 is a landmark event in the history of environmental regulation. The program was a great success by almost all measures. This paper, which draws upon a...

Persistent link: https://www.econbiz.de/10009506424

Design standards and technology adoption : welfare effects of increasing environmental fines when the number of firms is endogenous

Baumann, Florian; Friehe, Tim - 2013

This paper examines the consequences of an increase in the expected fine for non-compliance with an environmental design standard for an industry with Cournot competition and free entry. Our analysis is quite timely, given recent policy proposals to raise environmental fines. We describe the...

Persistent link: https://www.econbiz.de/10009791642

Is emission intensity or output u-shaped in the strictness of environmental policy

Dijkstra, Bouwe R.; Gil-Moltó, Maria J. - 2014

In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever …

Persistent link: https://www.econbiz.de/10010361382